AXQ Capital LP Acquires 5,844 Shares of Dell Technologies Inc. $DELL

AXQ Capital LP increased its stake in Dell Technologies Inc. (NYSE:DELL) by 347.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,524 shares of the technology company’s stock after buying an additional 5,844 shares during the period. AXQ Capital LP’s holdings in Dell Technologies were worth $947,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in Dell Technologies in the fourth quarter valued at about $607,349,000. Wellington Management Group LLP increased its position in Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after buying an additional 2,937,137 shares during the last quarter. Invesco Ltd. raised its stake in shares of Dell Technologies by 82.3% in the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after buying an additional 2,191,317 shares during the period. Franklin Resources Inc. raised its stake in shares of Dell Technologies by 541.9% in the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after buying an additional 1,685,529 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Trending Headlines about Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Dell’s latest quarter showed blockbuster demand for AI servers, with revenue and earnings far above expectations and management raising its full-year outlook, reinforcing the case that AI data-center spending is driving a new growth cycle. AI Boom Powers Dell Stock’s Post-Earnings Rally. Get Ready for More Upside Ahead.
• Positive Sentiment: Several analysts raised price targets sharply after the earnings beat, including Goldman Sachs, Bernstein, Citic Securities, and Daiwa, signaling growing Wall Street confidence that Dell still has room to run despite its big rally. Daiwa Securities adjusts PT on Dell Technologies to 465 from 170
• Positive Sentiment: Nvidia’s push into AI-enabled PCs could create a new upgrade cycle for Dell laptops, adding another growth avenue beyond servers and helping keep the stock in focus. Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP
• Positive Sentiment: Dell’s new XPS 13 launch gives the company a consumer-PC catalyst as well, with the redesigned laptop aimed directly at Apple’s MacBook line and helping extend the momentum in the shares. Dell Stock Rises as It Goes Head-to-Head with Apple Over Cutting-Edge Laptop
• Neutral Sentiment: Recent media coverage and conference remarks have kept Dell in the center of the AI trade, with investors comparing it to HPE and Super Micro as the market debates whether the stock’s rapid run has gone too far. Dell Stock is Soaring: Is it Too Late to Buy?
• Negative Sentiment: Despite the strong longer-term trend, Dell did slip in recent trading as some investors took profits after the huge run-up, and articles note the stock may be becoming more stretched on valuation. Dell Stock Snaps 8-Day Winning Streak Even as AI Server Rivals Soar

Insiders Place Their Bets

In other Dell Technologies news, CFO David Alan Kennedy sold 19,500 shares of Dell Technologies stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer directly owned 183,097 shares in the company, valued at $33,420,695.41. The trade was a 9.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider William F. Scannell sold 143,067 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the completion of the transaction, the insider directly owned 21,779 shares in the company, valued at $3,593,535. The trade was a 86.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,561,687 shares of company stock valued at $426,677,518 over the last three months. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Stock Performance

NYSE:DELL opened at $433.72 on Wednesday. Dell Technologies Inc. has a 52-week low of $108.01 and a 52-week high of $469.47. The stock has a fifty day moving average of $223.02 and a 200 day moving average of $161.80. The firm has a market capitalization of $280.07 billion, a price-to-earnings ratio of 34.45, a P/E/G ratio of 1.45 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s revenue was up 87.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.55 EPS. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Equities analysts forecast that Dell Technologies Inc. will post 12.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DELL has been the subject of several recent research reports. Royal Bank Of Canada initiated coverage on Dell Technologies in a report on Friday. They issued an “outperform” rating for the company. JPMorgan Chase & Co. increased their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Mizuho boosted their price target on shares of Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday. Raymond James Financial cut shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday. Finally, Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $475.76.

Dell Technologies Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.